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Small Business Boomers

Archive for the ‘Starting Up’ Category

June 28th, 2008

Boomers: How to package your small business loan request

In my last post today, I talked about a new course from the SBA describing the types of loans they have available.  Here is the second new course from the SBA.
The second one, How to Package a Loan Request,  discusses the requirements for putting together a loan.
It also includes a list of “realities” about small […]

By Jean -- 0 comments

June 19th, 2008

Marketing a Bed and Breakfast

In my previous posts about bed and breakfasts as baby boomer businesses, I talked about what it takes to start a B&B. To be successful in this business, like any other, you must market. It’s not enough to have a “better mousetrap.” You must figure out how to let people know […]

By Jean -- 1 comment

June 11th, 2008

Baby Boomers Evaluating Franchises: No Second Chances

In the same way as any kind of investment, do your homework. As I posted yesterday, if the franchisees of Cork and Olive had checked public records in Florida, they would have found out that Michael Probst had a judgment against him for over $800,000. That alone would have scared me off.
In […]

By Jean -- 2 comments

June 10th, 2008

Update: Wine Businesses for Boomers

Back in May I wrote a couple of posts on wine-related businesses for boomers. Sean Kelly over at Franchise Pick has some more information about a wine store franchise called Cork and Olive. The Florida-based stores do wine tastings, sell wine and other related products.
The owner, one Michael Probst, closed out, laying off 40 […]

By Jean -- 0 comments

May 28th, 2008

Take A Chance

Are you ready to take a chance? Are you ready to quit your job and start a small business?
Tags: ABBA, baby boomers, retirement, small business, take a chanceShare This

By Jean -- 0 comments

May 27th, 2008

Taking a Chance on Retirement … to a Home Business

This month’s contest on the Business Channel at b5media is about “taking chances.” I’m ready to take the chance, to “retire” and work full-time from home.
Have you thought about “retiring” and starting a new business, at home or elsewhere?
There is a lot of fear associated with big life changes, like changing jobs, starting a […]

By Jean -- 2 comments

May 23rd, 2008

Businesses for Boomers: Start a beer-related business

In my attempt to help you find that great second (or third) career,  I’m continuing to look at businesses that baby boomers can start. Today it’s businesses in the beer-wine-alcohol industry, specifically microbreweries.
By the way, American Craft Beer Week was just a couple of weeks ago.  Craft Brewers are “small, independent” breweries. A […]

By Jean -- 0 comments

May 21st, 2008

Wine-making as a business for baby boomers

Speaking of “little old wine-makers,” have you ever thought of wine-making as a baby boomer business?
There are several wine-making franchise opportunities available, including “Let’s Make Wine,” which was started by Ann Rosenberg, the widow of Dunkin Donuts entrepreneur Bill Rosenberg. Sean Kelly, over at FranchisePick, recently wrote a post about WineStyles, a new wine franchise […]

By Jean -- 0 comments

April 30th, 2008

Cheap or Expensive?

It seems that each of us in the U.S. has 19 feet of retail space allocated for our use.  Historically we should have no more than 10 feet of retail space per person.  So, we are overbuilt by 90%.  Not a good sign for retailers or those who own retail property.  For the moment retail is […]

By jim -- 1 comment

April 13th, 2008

Illusions of Entrepreneurship - The Entrepreneur Quiz

I have been reading about a new book titled Illusions of Entrepreneurship, from Yale University Press (as a matter of fact, I ordered a copy).  In my reading, I ran across a quiz about entrepreneurship.  You really should take this quiz.  It has answers to questions such as:

Who is likelier to start a new business […]

By Jean -- 2 comments

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